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Digital Mortgage Startup Blend Expands Into Consumer Banking

PYMNTS

The San Francisco-based digital mortgage and loan platform on Wednesday (Sept. 23) announced its expansion into consumer banking to include personal loans and credit cards. Blend’s venture into new territory comes a month after it raised $75 million in Series F funding led by Canapi Ventures , the Washington, D.C-

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Fintech deals by size from 23 April to 29 April 2016: Mosaic. Digital banking company. HQ: Seattle, Washington. Marketplace small business lending platform. HQ: Washington D.C. Tags: Consumer, lending, credit, underwriting, discovery, quotes, lead gen. ——-. Total raised: $224.9

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Fintech Fundings: 12 Companies Raised $150 Million Week Ending Nov 29

Fintech Labs Insights

In total, 12 fintech companies raised $152 million, though 5 of the deals did not release the amount raised. So far this year, venture funding in the fintech sector have totaled $17.8 Digital bank. HQ: Seattle, Washington. Mortgage lending platform. Alt-lending platform. Lending portal.

Company 12
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Fintech Fundings: 24 Companies Raise $560 Million Week Ending Sep 18

Fintech Labs Insights

The money flow into fintech continued unabated this week with more than a half-billion ($557 million) raised by 24 companies. Year-to-date fintech firms have raised $13 billion. Digital banking solutions. HQ: Seattle, Washington. Risk management for P2P lending. Small business loan marketplace. CompareIt4Me.

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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. million to launch its virtual bank. Tink raised $10.2

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Digital bank. Tags: Consumer, collectibiles, investing, asset based lending, artwork. Notable raises included Finovate alum Tagit which brought in nearly $9 million to supercharge its mobile application development platform. ——-. Consumer alt-lender.

Company 12
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Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Labs Insights

There has been an average of 28 fintech deals per week this year. Fintech deals by size from 9 July to 15 July, 2016: Blockchain Intelligence Group. Digital banking technology. Digital renter’s insurance. HQ: Seattle, Washington. Sound-based payment & banking technology. Source: Crunchbase.

Company 12